It’s time to sell the U.S. dollar, Morgan Stanley says

Source: market watch website

It’s time to sell the U.S. dollar, Morgan Stanley says

Source: market watch website

It’s time to sell the U.S. dollar, Morgan Stanley says

Source: market watch website

Resorts World Sentosa's casino licence renewed for just 2 years over 'unsatisfactory' tourism performance
The standard renewal term, decided by Singapore's Gambling Regulatory Authority, is three years.

Fed Cuts Rates Again
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and Donald Trump’s return to the White House muddles the outlook on what comes next.

Nov. 7, 2024
Updated 8:39 p.m. ET

Federal Reserve cuts interest rates by a quarter point
Published Thu, Nov 7 2024 2:00 PM EST

The Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%.
The vote was unanimous. Fed officials have justified the easing mode for policy as they view supporting employment becoming at least as much of a priority as arresting inflation.

Federal Reserve cuts interest rates by a quarter point
Published Thu, Nov 7 2024 2:00 PM EST

The Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%.
The vote was unanimous. Fed officials have justified the easing mode for policy as they view supporting employment becoming at least as much of a priority as arresting inflation.

Use shareholders capital to pay high remunerations for this shit holes directors and management. That why profit lesser.

Still remember LONBISC (7126) and AGES (7145). I scare that Edgenta will become like them. All of this management and board of directors is shit holes.

https://www.nst.com.my/news/crime-courts/2024/11/1129834/after-khazanah-and-pnb-now-phb-under-scrutiny-ceos-rm210000-bonus

Edgenta Management is malas. Useless CEO and directors. Only increases their directors remuneration with shareholders capital. Better fired them from running this company poorly.

Ringgit strength started to fade, SG contract can materialize?

Very easy earned Sarawakian money. They need to transit before fly overseas. They don't have choice but to pay extra money for transit. During festive season, can charge high fare. They will pay the high fare to balik kampung.

Apabila ada festive season, sila naikkan harga tambang, orang ramai yang ingin balik kampung pasti akan tempah tiket penerbangan itu sebab fikirkan untuk berjumpa dgn keluarga. Capital A pasti untung dan kaya raya.

Capital A untuk sampai RM1.50 bukan mimpi.

Capital A untung besar sekarang. Sudah mahu keluar daripada PN17.

Tahun depan ada dikenakan carbon fees untuk ticket penerbangan. Kemudian, orang Sarawak yang hendak ke luar negara kena transit menerusi Semenajung and Sabah. Bagusnya dapat earned orang Sarawak punya tambang transit. Orang Sarawak terpaksa membayar tambang penerbangan transit. Capital A pasti untung dengan pertolongan tambang transit orang Sarawak dan carbon fees tahun depan. Ha. Ha.

Cahya Mata reports over 26% 2Q profit jump on stronger profit margin

Source: the edge

Usdmyr is 4.40
Usdjpy is 144.33
Usdcny is 7.135

Usdmyr is 4.40
Usdjpy is 144.33
Usdcny is 7.135

Usdmyr is 4.40
Usdjpy is 144.33
Usdcny is 7.135

Usd to jpy is 146.54
Usd to cny is 7.16
Usd to myr is 4.495

Usd to jpy is 146.54
Usd to cny is 7.16
Usd to myr is 4.495

Usd to jpy is 146.54
Usd to cny is 7.16
Usd to myr is 4.495

Federal Reserve says first cut to US interest rates could come in September

Federal Reserve says first cut to US interest rates could come in September

Federal Reserve says first cut to US interest rates could come in September

Bank of Japan raises interest rate to 0.25%, open to further hike this year
Central bank to cut bond purchases by half within 2 years

Bank of Japan raises interest rate to 0.25%, open to further hike this year
Central bank to cut bond purchases by half within 2 years

Bank of Japan raises interest rate to 0.25%, open to further hike this year
Central bank to cut bond purchases by half within 2 years

Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years

Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years

Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years

CPF accounts of 300,000 foreigners will close from April 1, 2024
Move is to cater to retirement, housing and healthcare needs of Singaporeans and PRs

CPF accounts of 300,000 foreigners will close from April 1, 2024
Move is to cater to retirement, housing and healthcare needs of Singaporeans and PRs

CPF accounts of 300,000 foreigners will close from April 1, 2024
Move is to cater to retirement, housing and healthcare needs of Singaporeans and PRs

WORK PERMIT HOLDERS’ BANK ACCOUNTS WILL BE FROZEN AFTER THEIR WORK PERMITS ARE CANCELLED

The Ministry of Manpower (MOM) in Singapore has introduced a new rule for work permit holders. If you’re leaving Singapore because your employment has ended, you should close your bank account before you go.

This is to prevent your inactive account from being used for illegal activities like money laundering or fraud.

WORK PERMIT HOLDERS’ BANK ACCOUNTS WILL BE FROZEN AFTER THEIR WORK PERMITS ARE CANCELLED

The Ministry of Manpower (MOM) in Singapore has introduced a new rule for work permit holders. If you’re leaving Singapore because your employment has ended, you should close your bank account before you go.

This is to prevent your inactive account from being used for illegal activities like money laundering or fraud.

WORK PERMIT HOLDERS’ BANK ACCOUNTS WILL BE FROZEN AFTER THEIR WORK PERMITS ARE CANCELLED

The Ministry of Manpower (MOM) in Singapore has introduced a new rule for work permit holders. If you’re leaving Singapore because your employment has ended, you should close your bank account before you go.

This is to prevent your inactive account from being used for illegal activities like money laundering or fraud.

MGM China Explores Investment Opportunities in Thailand’s Emerging Casino Sector
Johnny K. June 17, 2024
MGM China, a subsidiary of MGM Resorts International, has shown a keen interest in potential investment opportunities within Thailand’s emerging casino development sector, according to recent reports. Macau China Holdings, the Macau-based division of MGM Resorts, is considering its options for expanding into Thailand, a market that has attracted considerable attention from various international gaming companies.

PETALING JAYA: The United States returns around US$156mil (RM721.4mil) to the Malaysian Government marking the fourth installment of recovered misappropriated funds from the 1Malaysia Development Berhad (1MDB) scandal.

US Ambassador to Malaysia Edgard D. Kagan met Prime Minister Datuk Seri Anwar Ibrahim to confirm the handover of funds on June 11, according to a statement by the embassy.

PETALING JAYA: The United States returns around US$156mil (RM721.4mil) to the Malaysian Government marking the fourth installment of recovered misappropriated funds from the 1Malaysia Development Berhad (1MDB) scandal.

US Ambassador to Malaysia Edgard D. Kagan met Prime Minister Datuk Seri Anwar Ibrahim to confirm the handover of funds on June 11, according to a statement by the embassy.

PETALING JAYA: The United States returns around US$156mil (RM721.4mil) to the Malaysian Government marking the fourth installment of recovered misappropriated funds from the 1Malaysia Development Berhad (1MDB) scandal.

US Ambassador to Malaysia Edgard D. Kagan met Prime Minister Datuk Seri Anwar Ibrahim to confirm the handover of funds on June 11, according to a statement by the embassy.

UEM Sunrise sells Johor land to global data centre player for RM145mil

The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.

Biz community

The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.

Biz Community

The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.

Biz Community

Almighty dollar and military supremacy is the nuclear fuel for X.

X: Mirror mirror on the wall, who is the most powerful of all.
Mirror: Y is the most powerful one.
X: Bull shit. I will use the power to destroy anyone who overtake my power. X will be the powerful one forever.

Dollar and military supremacy is a fuel. As long have fuel, the engine will run. War in politics and finance.

As long as dollar and military supremacy have power, anyone will be a scapegoat. Next scapegoat is who?